SAR (Suspicious Activity Report) Activity Review: Trends, Tips and Issues. Issue 14 (October 2008)

摘要

The SAR Activity Review Trends, Tips & Issues is a product of continuing dialogue and close collaboration among the nations financial institutions, law enforcement officials, and regulatory agencies to provide meaningful information about the preparation, use, and value of Suspicious Activity Reports (SARs) and other BSA reports filed by financial institutions. This edition addresses several noteworthy topics. Several articles focus on the regulatory use of BSA data by federal and state regulatory agencies. An industry viewpoint addresses Identity Theft in the Industry Forum section. Law enforcement cases in Section 3 demonstrate how important and valuable Bank Secrecy Act (BSA) data is to the law enforcement community. Many of these cases, which range in topic from a mortgage-related Ponzi scheme to medical fraud, were proactively initiated as a result of BSA report filings. The SAR Activity Review is possible only as a result of the extraordinary work of many FinCEN employees and FinCENs regulatory, law enforcement and industry partners. In order to recognize that hard work, we acknowledge contributors throughout the Review. As always, your comments and feedback are important to us. We have included a feedback form in Section 6; please take a moment to let us know if the topics chosen for this issue are helpful.